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    1251 W State St

    El Centro, CA 92243
    • $375,000
    • STATUS: Pending
    • ON SITE: 4 days
    • MLS #: 21782650IC
    Pending
    UPDATED: 67 min ago
    $375,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,352
      SQFT
    • $159
      $/SQFT
    Neighborhood:
    550
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:
    550

    School Ratings & Info

    Description

    Calling investors! These four well maintained units are ready for a new owner, great for the first time investor. Always rented, easy to maintain low expenses. They are located near public transportation, bus stop across the street! Near county and city services, shopping, churches, schools all with in walking distance. The zoning for this area is in the Civic Center Overlay, zoning for redevelopment options, so additional possibilities should also be considered. There are two 1 bedroom 1 bath units and two 2 bedroom 1 bath units. Each unit has electric and gas meters, seller pays water, sewer, trash, plenty of parking.

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    © 2021 Imperial County Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Capital Real Estate. Data last updated: 2021-09-18T18:40:13.92.
    www.capitalhomesearch.com/homes/121384929
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    1251 W State St El Centro, CA 92243

    • Price: $375,000
    • Status: Pending
    • Updated: 67 min ago
    • MLS #: 21782650IC
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,352
    SQFT
    $159
    $/SQFT
    1973
    Built
    Neighborhood:
    550
    County:
    Imperial
    Area:
    550
    Property Description
    Calling investors! These four well maintained units are ready for a new owner, great for the first time investor. Always rented, easy to maintain low expenses. They are located near public transportation, bus stop across the street! Near county and city services, shopping, churches, schools all with in walking distance. The zoning for this area is in the Civic Center Overlay, zoning for redevelopment options, so additional possibilities should also be considered. There are two 1 bedroom 1 bath units and two 2 bedroom 1 bath units. Each unit has electric and gas meters, seller pays water, sewer, trash, plenty of parking.
    Exterior Features

    Carport Spaces Total 0 Covered Parking 0 Garage Structures Total 0 Parking Garage Driveway - Concrete Roof Rolled/Hot Mop Total Parking 0

    Interior Features

    Cooling Central Equipment Oven/Range-GasRefrigeratorHood Fan Flooring CarpetLinoleum Heating Central Laundry Outside Number Electric Meters 4 Number Gas Meters 4 Number Range 4 Number Refrigerator 4 Rooms Kitchen/DiningLiving Unit Baths1 1.00 Unit Baths2 1.00 Unit Baths3 1.00 Unit Beds1 1 Unit Beds2 2 Unit Beds3 2

    Property Features

    Actual Annual Gross Rent 31200.00 Actual Gross Annual Income 31200.00 Adjusted Gross Income 31200 Disclosures None Gross Operating Income 31200 Insurance Expense 978.00 Maintenance Expense 1500.00 Net Operating Income 22384.00 Number Leased 4 Number Water Meters 0 Owner Pays Water Property Sub Type 1 To 4 Units Sale Type Standard Sewer City Total Annual Expense 8816 Unit Rent1 575.00 Unit Rent2 700.00 Unit Rent3 750.00 Water City Water Heater Features Gas Zoning Civic Center

    Listing courtesy of Coldwell Banker The Wilkinson Team.


    © 2021 Imperial County Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Capital Real Estate. Data last updated: 2021-09-18T18:40:13.92.
     
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    Capital Real Estate
    388 W. Aten Rd., Suite C
    Imperial CA, 92251